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JUN 24, 2014 - TheStreet

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Stocks Turn Higher as New Home Sales, Consumer Confidence Jump

NEW YORK (TheStreet) -- Major U.S. stock markets turned higher Tuesday after stronger-than-expected data on new home sales and consumer confidence. The Dow Jones Industrial Average was up 0.09% to 16,952.57. The S&P 500 was up 0.1% to 1,964.66.The Nasdaq was up 0.41% to 4,386.69. Major indices ended mixed on Monday. U.S. stock markets had a quiet beginning to the week, fresh off a multi-day rally to record highs heading into last weekend. New home sales jumped 18.6% in May to a seasonally adjusted annual rate of 504,000, the fastest pace in six years. Consumer confidence levels rose ... Read More

Tags: Stocks Turn Higher as New Home Sales, Consumer Confidence Jump,  Eurozone Latest News